Future Lease Sales
The Obama administration announced in March 2010 that it intended to open oil and gas leasing in the Mid-Atlantic and South Atlantic planning areas. However, in May 2010, following the Deepwater Horizon oil spill, the administration cancelled the only scheduled Atlantic lease sale, for an area offshore Virginia. On December 1, 2010, the Obama Administration closed Atlantic and eastern Gulf areas to drilling.
Read more about this topic: Offshore Drilling On The US Atlantic Coast
Famous quotes containing the words future, lease and/or sales:
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“Summer’s lease hath all too short a date.”
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